Planning delays oil refinery’s progress

30 April 2014
The Phnom Penh Post
Economic policy and administration / Economy and commerce / Energy / Energy policy and administration / Foreign investors / Investment / Non-renewable energy production / Oil and gas resources
Cambodia Petrochemical Company / Chinese aid / CPC / Exim Bank / Export-Import Bank of China / Hann Khieng / Middle East

Construction on Cambodia’s $2.3 billion oil refinery has been set back again, this time due to planning delays, the project’s local partner, Cambodia Petrochemical Company (CPC), confirmed yesterday. The landmark oil refinery was slated to begin construction in December 2013 following a $1.67 billion loan from the Export-Import Bank of China (Exim Bank), but Hann Khieng, CPC co-owner, said yesterday that more detailed planning was required before the project could begin. ...

 Chan Muyhong
http://www.phnompenhpost.com/business/planning-delays-oil-refinery%E2%80%99s-progress